Of recent, LTC is refusing to go any lower and has recently gained ground on BTC (pairing).
This has got my attention and after further TA, it looks like LTC is near the bottom (already hit in my opinion) and is moving towards the edges of the channel described by the pitchFork.
Key points:
> Price spiked at a PIVOTAL point which coincided with BTC Pivotal point. Confirming the RING is the pivot point.
> Fib Fan also confirms the level of bounce, crossing over with the FIB Fan.
> At the Macro level, confluence as well.
> Elliott wave count completed.
It seems MANY points indicate that this pivot move is a major milestone. Coincidence, unlikely.
I'll share the chart, and you make the decision with all the points I just raised.
Also please, don't take my price movement as a serious attempt, its just a guide.
Please like,give it a thumbs up if you agree.
Cheers,
S.Sari \ CryptoProspa
MACRO Level Chart
Daily

Close up

Weekly chart > Tool suggests a bullish divergence

Coinbase with more history

This has got my attention and after further TA, it looks like LTC is near the bottom (already hit in my opinion) and is moving towards the edges of the channel described by the pitchFork.
Key points:
> Price spiked at a PIVOTAL point which coincided with BTC Pivotal point. Confirming the RING is the pivot point.
> Fib Fan also confirms the level of bounce, crossing over with the FIB Fan.
> At the Macro level, confluence as well.
> Elliott wave count completed.
It seems MANY points indicate that this pivot move is a major milestone. Coincidence, unlikely.
I'll share the chart, and you make the decision with all the points I just raised.
Also please, don't take my price movement as a serious attempt, its just a guide.
Please like,give it a thumbs up if you agree.
Cheers,
S.Sari \ CryptoProspa
MACRO Level Chart
Daily
Close up
Weekly chart > Tool suggests a bullish divergence
Coinbase with more history
Trade geschlossen: Ziel wurde erreicht
target reached.Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
